Airline executives are frustrated with Boeing as its safety crisis has upended their business plans. But in a tight market for large aircraft supplied by two companies, they have little choice but do business with the U.S. plane maker.Despite some public displays of alarm —...
The federal Liberals say they ordered a national security review of popular video app TikTok in September 2023 but did not disclose it publicly."This is still an ongoing case. We can't comment further because of the confidentiality provisions of the Investment Canada Act," a spokesperson for Industry...
Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 U.S. stores after slashing the value of a rival chain it acquired almost a decade ago.Dollar Tree plans to close about 600 Family Dollar stores in the first half of this year, along...
When Reddit goes public later this month, it will be the first major tech company — let alone social media platform — to do so in years.The popular discussion forum site is aiming for a target valuation of up to $6.4 billion US when it launches its initial public offering (IPO) on the...
In January, a Shoppers Drug Mart district manager in Ontario wrote to store owners in his area to express "deep disappointment" in their performance during the first week of 2024. "Despite clear plans and expectations, it is evident that we fell significantly short of our targets,"...
The U.S. Congress has moved a big step closer to a crackdown on a popular platform that could have far-reaching implications for social media in the country.It involves a bill with major implications for the fast-growing site TikTok, renowned for addictive videos and used by...
In an attempt to combat theft at its stores, Loblaw is testing receipt scanners at four of its locations, the grocery giant told CBC News. Customers who go through self-checkout must use the device to scan their receipt's barcode — confirming that they paid something — which opens...
The recent decision by SaltWire Network Inc., Atlantic Canada's largest newspaper company, to seek protection from its creditors is another sign of the decline of the business and the growing threat to local journalism, experts said Tuesday."We're seeing a resurgence in a steady spate of...
Canada's federal government, as well as organizations representing some the nation's beef producers, warn a decision south of the border about "Product of USA" labels on meat, poultry and eggs could disrupt supply chains.The United States Department of Agriculture announced Monday a final rule on...
U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June interest rate cut from the Federal Reserve.The consumer price index (CPI) rose 0.4 per cent last month after climbing 0.3 per...